Many of you have heard the saying about the Chinese blessing (or curse) “May you live in interesting times.”
There is no proof that it originated in China, but like many popular sayings, the story persists. And it continues to be true.
We’ll talk more about this in “Ask the Joes” below.
Our monthly market recap provides some insights into what we saw in January and you can view Brad’s video commentary here.
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This is a good review of Trade Policy. We still don’t know how the tariff situation will play out, but this is a good explanation of the topic.
From Architectural Digest, a look at how Japan has evolved its building practices to account for earthquakes.
You can track the status of the Executive Orders issued by the Trump administration on this helpful spreadsheet.
North Koreans flying from China to Pyongyang really, really enjoy visiting the airport KFC, often bringing food home to relatives and friends.
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Q: Should I change my portfolio with everything happening in Washington?
A: Short answer, no.
Barring a change in your personal situation (income, expenses, goals) the policy uncertainty in Washington is primary short-term noise. We have said many times, policy matters, but our personal views on the party in power should not have undue influence over our investment strategy.
Commonwealth’s Chris Fasciano provides good advice:
There is always a fair amount to worry about, and this time is certainly no different. Currently, concerns about price increases in our daily expenditures or the end of government programs are the issues that matter to Main Street.
We came into 2025 with good momentum in the economy, and the consumer was relatively healthy due to a strong jobs market. This backdrop has led to an optimistic outlook from analysts for earnings growth from U.S. companies. For the time being, markets are focused on the potential risks to that outlook in the short term. It is important to remember amidst the doom-and-gloom headlines that periods like this tend to create opportunities.
We are always happy to talk about your specific situation, so please let us know if you have any questions. In the meantime, we continue to focus on prudent investment principles for long-term progress.